NOT LISTED FOR SALE

3518 E Richmond Rd Unit 16 Richmond, VA 23223

Oakwood Neighborhood

Estimated Value: $114,000 - $122,000

2 Beds
1 Bath
760 Sq Ft
741 Sq Ft Lot

Sale Details

Date Sold: March 20, 2023

Last sale price $105,000 $138 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $864 / mo

90 Days on Market

Highlights

  • Thermal Windows
  • Front Porch
  • Level Lot
  • Open High School Rated A+
  • Central Air
  • Heat Pump System

About This Home

As of March 2023

If you are looking for a great investment property this is it! This is a 2 bedroom 1 bath condo that is currently rented until 11/30/22. Please allow 24 hours’ notice for showings. The complex has assigned parking, a picnic area, a dog park, mail stations, a car wash, a playground and a refuse station. The unit is minutes from schools, shopping, highways and is on the GRTC bus line. Financing is available with 3% down for owner occupants.

Last Agent to Sell the Property

Dawn Sclater

Sunshine Realty Group LLC Brokerage Email: dawn.sclater@gmail.com License #0225185466 Listed on: 11/08/2022

Last Buyer's Agent

Dee Bennett

United Real Estate Richmond License #0225224608

United Real Estate Richmond

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $816

Year Built

  • Built in 1966

Lot Details

  • 741

HOA Fees

  • $122 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof

Interior Spaces

  • 760 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Insulated Doors

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Parking

  • Driveway
  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Front Porch
  • Stoop

Schools

  • Chimborazo Elementary School
  • Martin Luther King Jr. Middle School
  • Armstrong High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number E000-1763-101

Community Details

Overview

  • Villas Of Oakwood South Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$816

Year Built

Built in 1966

Lot Details

741 Sq Ft Lot

HOA Fees

$122 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1966
  • Property Attached Yn: No
  • Attribution Contact: dawn.sclater@gmail.com
  • Lot Size Acres: 0.017
  • Ownership: Corporate,Individuals
  • Subdivision Name: Villas Of Oakwood South
  • Architectural Style: Two Story
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Refrigerator, Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Insulated Doors
  • Interior Amenities: Laminate Counters
  • Living Area: 760.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch, Stoop, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned, Driveway, Paved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 121.86
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Maintenance Structure, Snow Removal, Trash

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-1763-101
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 816.0

MLS Schools

  • Elementary School: Chimborazo
  • High School: Armstrong

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2025
Sold by
Bought by
Current Estimated Value
$118,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
0.0687%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2022
Closed on
Feb 27, 2023
Sold by
Bought by
Seller's Agent
Dawn Sclater
Sunshine Realty Group LLC
Buyer's Agent
Dee Bennett
United Real Estate Richmond
List Price
$105,000
Sold Price
$105,000
Views
96

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.49%
Original Mortgage
$78,750
Interest Rate
0.0609%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$115,000 Fidelity National Title
$105,000 Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $79,000
Closed $78,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/20/2023 03/20/23 Sold $105,000 0.0% $138 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $105,000 0.0% $138 / Sq Ft
01/28/2023 01/28/23 Off Market $105,000 -- --
01/28/2023 01/28/23 Price Changed $105,000 0.0% $138 / Sq Ft
01/28/2023 01/28/23 For Sale $105,000 +6.1% $138 / Sq Ft
01/19/2023 01/19/23 Pending -- -- --
01/04/2023 01/04/23 Price Changed $99,000 -17.5% $130 / Sq Ft
12/28/2022 12/28/22 For Sale $120,000 0.0% $158 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
11/08/2022 11/08/22 For Sale $120,000 -- $158 / Sq Ft
Source: Central Virginia Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $1,224 $102,000 $14,000 $88,000
2025 $1,224 $102,000 $14,000 $88,000
2024 $1,080 $90,000 $14,000 $76,000
2023 $924 $77,000 $14,000 $63,000
2022 $816 $68,000 $14,000 $54,000
2020 $660 $55,000 $12,000 $43,000
2019 $696 $58,000 $15,000 $43,000
2018 $696 $58,000 $15,000 $43,000
2017 $876 $73,000 $15,000 $58,000
2016 $772 $73,000 $15,000 $58,000
2015 $575 $74,000 $15,000 $59,000
2014 $575 $74,000 $15,000 $59,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2230279

Central Virginia Regional MLS

APN: E000-1763-101

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